Reeves Budget Plan to Spend Billions More Wont Stop Tax Rises
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Republicans scramble for a path forward after spending plan collapse
Politico - 1d -
Reeves heads into harsh 2025 as UK Budget damage reverberates
Chancellor plans set-piece new year speech to reboot growth ‘mission’ as invidious fiscal choices loomFinancial Times - 21h -
Congress scrambles to save spending plan to avoid government shutdown
After President-elect Trump and Elon Musk torpedoed a bipartisan spending plan, Congress scrambled to try to salvage a continuing resolution to avoid an imminent government shutdown. Trump was ...NBC News - 1d -
Trump backs plan B spending deal, urges swift passage
President-elect Trump on Thursday backed a new spending deal brokered by House Republicans to avert a shutdown after a previous proposal was torpedoed amid opposition from Trump and several of his ...The Hill - 1d -
READ: Republicans' revamped 'plan B' spending bill
After pressure from President-elect Trump and his allies resulted in the demise of the bipartisan spending bill before it could go to the House floor for a vote, House Republicans have reached an ...The Hill - 1d -
Shutdown chances rise as Johnson defers to Trump on a spending plan
Politico - 1d -
UK military budget must rise by 56%, Ministry of Defence calculations say
Amount would far outstrip current 2.5% target and take annual spending above £90bnFinancial Times - 2d -
Johnson considers plan B amid Trump World opposition to spending deal
Speaker Mike Johnson (R-La.) is looking at a plan B to fund the government ahead of Friday’s shutdown deadline as Republicans inside and outside the Capitol, including President-elect Trump and his ...The Hill - 2d -
Johnson weighs spending plan B as Elon Musk stokes opposition
Politico - 2d -
ICE faces budget shortage that could delay Trump's mass deportation plans
ICE is already dealing with a $230 million budget shortfall, even before the costs that will be associated with mass deportationsNBC News - 2d -
Council tax to rise to fund up to £330m for police
The Home Office says funding for forces in England and Wales will rise by 3.5% in 2025-26.BBC News - 4d -
Softbank Plans to Invest $100 Billion in U.S. Projects Through 2028
CEO Masayoshi Son joined President-elect Trump at Ma-A-Lago to make the announcement.Inc. - 4d -
Trump announces Japanese firm SoftBank plans to invest $100 billion in U.S.
President-elect Donald Trump pledged expedited approvals for any company that invests at least $1 billion in the U.S. SoftBank's investment will focus on AI and emerging technology.CBS News - 4d -
Why a nation of 1.45 billion wants more children
India, the world's most populous country, is seeing a debate about having more babies.BBC News - 5d -
UK manufacturing confidence slumps after Reeves’ Budget
Data from Make UK complicates picture for BoE rate-setters as they contemplate how quickly to cut interest ratesFinancial Times - 5d -
Trump's tax plan is uncertain for 2025 — here are key lessons from his 2017 tax overhaul
Trillions in Trump's tax cuts will expire after 2025 without action from Congress. Here are key lessons from his 2017 tax overhaul.CNBC - Dec. 14 -
Only 16% of holiday shoppers plan to spend more this season because of inflation, CNBC survey shows
Participants in the CNBC All-America Economic Survey say that prices for holiday gifts are higher this year than last. That may be affecting spending patterns.CNBC - Dec. 12 -
Gold Prices to Rise More Modestly in 2025
The World Gold Council said that if the economy performs according to market-consensus expectations, gold prices should rise at a more measured pace than this year.The Wall Street Journal - Dec. 12 -
Currys says price rises 'inevitable' after Budget
The retailer says it had not planned for the full impact of recent changes to tax and other government policy.BBC News - Dec. 12 -
Australia plans to tax digital platforms that don't pay for news
The Australian government says it will tax large digital platforms and search engines unless they agree to share revenue with Australian news media organizationsABC News - Dec. 12 -
Trump has options to mitigate the rising US budget deficit
While the long-term trajectory of the fiscal debt will probably remain a concern, there are some potential incremental actions the incoming president could takeFinancial Times - Dec. 12 -
Business leaders warn Reeves about the impact of her Budget tax rises
Banking, energy and transport executives voice concerns in meeting with UK chancellorFinancial Times - Dec. 11 -
More jobs and no 'nuisance taxes' - Ghanaians' great expectations
Yahoo News - Dec. 11 -
Farmers gather in Whitehall in latest protest against UK Budget tax changes
Tractors park up in main London thoroughfare in rally opposing government inheritance tax reformsFinancial Times - Dec. 11 -
Reeves vows to cut 'waste' in spending review
The chancellor says "efficiency savings" will ensure enough funding for key public services.BBC News - Dec. 10 -
Can anyone stop Alexandre Pantoja's rise?
After a dominant victory at UFC 310, where does the men's flyweight champion stand in ESPN's top 10?ESPN - Dec. 10 -
Spending on TikTok Shop Rises as App Faces Ban
TikTok Shop sales had reached $100 million on Black Friday.Inc. - Dec. 8 -
No plan for more tax rises but we can't rule it out - Starmer
The PM says voters can judge him at the next general election on whether their living standards have improved.BBC News - Dec. 6 -
Ending Trump’s 2017 Tax Cuts Won’t Effect GDP, Budget Office Finds
Key provisions of the returning president’s 2017 Tax Cuts and Jobs Act will expire next year if Republicans don’t renew them.Inc. - Dec. 5 -
How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.The New York Times - Dec. 5 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
EU Defense Spending Expected to Hit $342.6 Billion in Boon to Arms Makers
European Union countries are expected to increase their combined defense spending this year, which is likely to boost sales among arms contractors.The Wall Street Journal - Dec. 4 -
Rail fares to rise despite renationalisation plans
Three rail operators will be renationalised next year but fares are due to go up as outlined in the Budget.BBC News - Dec. 4 -
GOP’s ambitious budget plan faces internal divisions
Republican senators warn incoming Senate Majority Leader John Thune’s (R-S.D.) ambitious proposal to tackle President-elect Trump’s agenda faces an array of disagreements within their party over ...The Hill - Dec. 4 -
Contentious budget plans are wreaking political havoc across Europe
Post-pandemic fiscal rules are putting pressure on even the most hawkish EU members in the euro zone.CNBC - Dec. 4 -
Thune lays out plan for separate border and tax reconciliation bills
Incoming Senate Majority Leader John Thune (R-S.D.) laid out an ambitious plan at the Senate Republican retreat Tuesday for Congress to move first next year on a budget reconciliation package that ...The Hill - Dec. 3 -
Fantasy Football Week 14 Waiver Wire: Isaac Guerendo is the league winner worth spending remaining budget on
Here's who you should be targeting heading into Week 14CBS Sports - Dec. 3 -
AT&T plans to plow $20 billion into buybacks in signal of business turnaround
AT&T’s stock is rising as the company will bring back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years.MarketWatch - Dec. 3 -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - Dec. 3 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2
